$PYPL Earnings next weekNASDAQ:PYPL currently breaking out to the upside from this channel. Everyone anticipating another earnings beat next week?
PYPL trade ideas
PayPal - Is the stock dead?Hello Traders and Investors, today I will take a look at PayPal.
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Explanation of my video analysis:
With the Covid-Crash in 2020 we saw a beautiful bullish break and retest on PayPal in confluence with a retest of an ascending trendline. This retest was followed by a rally of +200% towards the upside. From there, PayPal stock declined more than 80% and it is likely that we will never ever see the previous highs again. If you decide to take a trade though, make sure to properly manage your risk.
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Keep your long term vision,
Philip (BasicTrading)
PYPL Momentum Stalls REVERSAL / SHORT idea PYPL has had a great past two weeks putting in 7-9% gain. In the past week however, that
momentum has stalled. PYPL has printed a head and shoulders pattern. The predictive algo
of Lux algo suggests a reversal here. PYPL has been resisted on the higher price action
by the second upper anchored VWAP band. The H & S pattern neckline is about 63.
The predictive algorithm of LuxAlgo shows a forecast of downward price action as shown on
the black line to the right of the last candle.
I will close my long position here. Once price falls under 63, I will instead take a short
position targeting 61.35 and 59.35 being the area immediately above the mean VWAP
and first lower VWAP lines respectively. I will also look for the green RSI line to fall under
50 as an entry signal. In keeping with good risk management, the initial stop loss will be
63.15 with an adjustment of 0.12 for every 0.15 of price fall until the first target. I will take
off one third of the position and adjust the stop loss by a trialing ATR after that.
$PYPL is going to the $30-40 rangeI've never seen so many delusional bulls that think a stock is heading higher.
Even on positive earnings, the stock fades. Even if it manages to finally break higher in May to the upper resistance at $82, the move will be faded.
PYPL doesn't look like a good stock to own until it hits the lower support levels between $37-$41 (which we will see at some point this year, likely towards the second half of it).
Good luck to the bulls, you'll need it.
PayPal's Earnings Surge Under New Reporting MethodIn a surprising move, PayPal Holdings ( NASDAQ:PYPL ) has unveiled a revamped accounting methodology, sending shockwaves through the financial sector. The digital payments giant's first-quarter earnings report, released earlier than usual, revealed a staggering 27% surge in profits, much to the delight of investors. However, what truly sets this announcement apart is the impressive numbers and the strategic shift in reporting standards, promising a new era of transparency and investor confidence.
The Accounting Revolution:
Under the new accounting framework, PayPal ( NASDAQ:PYPL ) now factors in stock-based compensation expense and related employer payroll taxes, providing a more comprehensive view of its financial health. This recalibration showcases the company's commitment to transparency and aligns its reporting practices with the industry's best standards. By recasting adjusted financial results for the past three years, PayPal ( NASDAQ:PYPL ) is not just rewriting its financial narrative but also laying the groundwork for sustainable growth.
Earnings Soar, Outlook Brightens:
The numbers speak for themselves – PayPal's first-quarter earnings jumped to $1.08 per share on an adjusted basis, surpassing analyst expectations. Revenue climbed 9% to $7.7 billion, signaling robust growth in its core business operations. Moreover, management's decision to hike its 2024 profit outlook underscores a newfound confidence in its trajectory. With adjusted EPS growth projected in the "mid to high single-digit percentage," PayPal ( NASDAQ:PYPL ) is poised to unlock new avenues of value creation for shareholders.
Strategic Investments Pay Off:
Behind PayPal's stellar performance lies a series of strategic investments and operational efficiencies. The surge in total payment volume processed from merchant customers, coupled with a substantial share repurchase program, underscores the company's relentless pursuit of value creation. The appointment of new CEO Alex Chriss and CFO Jamie Miller further highlights PayPal's commitment to leadership excellence and innovation. As the digital payments landscape evolves, PayPal remains at the forefront, driving meaningful change and redefining industry norms.
Navigating Competitive Waters:
While PayPal ( NASDAQ:PYPL ) basks in the glory of its earnings triumph, the competitive landscape remains fiercely contested. Rivals such as Apple and Square-parent Block continue to raise the stakes, challenging PayPal's market dominance. However, with a proven track record of innovation and adaptability, PayPal ( NASDAQ:PYPL ) is well-positioned to weather the storm and emerge stronger than ever. By leveraging its technological prowess and customer-centric approach, PayPal remains a formidable force in the digital payments arena.
Investor Sentiment and Future Prospects:
Following the earnings announcement, investor sentiment towards PayPal ( NASDAQ:PYPL ) has been largely positive, with shares initially surging before stabilizing. Despite facing headwinds in the past year, PayPal's strategic initiatives and forward-looking guidance have reignited optimism among stakeholders. As the company forges ahead into uncharted territories, investors can expect a compelling narrative of growth, resilience, and value creation.
Technical Outlook
Paypal stock ( NASDAQ:PYPL ) is trading above the 200-day Moving Average (MA) with a Relative Strength Index (RSI) of 68.96 which is moderately on the overbought region.
"Today, the financial results of NVDA stock were announced."
"Today, there's an announcement regarding the performance of NVDA stock. Don't forget to keep track of the results. For those holding orders, it's advisable to close them before the announcement. If you're considering buying, it's recommended to wait until after the earnings announcement day."
PYPL - Break to the upside is likelyPYPL has broken out of the 1-year 8-months downtrend line and is likely to trend higher, especially after it has broken out of the bullish flag formation. The ascending triangle wll consider be completed after the stock breaks above the key resistance of US$66.94
PAYPAL ready to TAKE OFF Paypal is about to blast into the 70's, the chart is a screaming buy here. Enjoy.
No MomentumI had expected Paypal to rise. It did but not with the momentum I had expected.
We cannot overcome the MA so that the preferred direction is the downside at moment. I don't expect to much however, as the our friend the trend is still up.
PayPal Holding(Elliott Wave)Hello friends
In the share of PayPal Holding, we see the formation of a clear Elliott pattern.
In this share, we see completed wave 1 and 2.
There are two scenarios.
The first scenario is the 5 Elliot wave mode and the second scenario is zigzag.
In both scenarios, we expect the share to grow.
If we consider zigzag, we are currently in wave 3 of C, and if we consider 5 waves, we are currently in wave 3 of 3.
In both cases, the share must grow to complete the pattern.
Because the 5th wave of the 3rd or C wave has not been completed yet.
Be successful and profitable.
To support me, I recommend that you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
New MomentumPaypal is gaining upward momentum again after having corrected the rise since March 27th.
Provided that we can overcome the MA there is a good chance to test this years highs again.
Paypal Asymmetry - The outlier of FintechPaypal has had many positive quarters lately and has maintained -by standards- the characteristics of a GROWTH company. Yet, it is not even valued properly. We have yet to reach the proper value, imagine when the market will realize again that they have been mispricing this growth company...
You may ask: ''why has the stock been beaten this much?'' It's all because of fintech horrible performance, IMO. None wants a part of fintech and so Paypal has paid the price of being in this sector.
The opportunity is time-bounded.
The trade is both a VALUE and a GROWTH play. DYOR.
Your PayPal is calling, pick up the phone $PYPL NASDAQ:PYPL Chart looks bottomed - we are expecting support to hold in the 63$ area for a trend reversal and major move to the upside.
Buy: 62$
Targets: 75$, 92$, 112$, 188.88$
PYPL ( PayPal ) is breaking out of the descending price channelStock : PYPL ( PayPal Inc )
Date : 27 Mar 2024
Trend : Up
preferred Transaction : Buy ( 66.50 $ )
Reasons : The stock has broken out above the resistance level of the upper line of the descending price channel
Technical Analysis success at level : zone ( 87 $ to 91 $ )
Technical Analysis fail at level : 60.40 $
PYPL still long way to fallHitting moving average and failed. RSI shows that the recent rally was a bear market rally. Good candidate to short with good RR. First target the yelow zone (although it can drop lower). Still a long way to fall. Long-term chart looks bad too. I will never long NASDAQ:PYPL
PayPal Set to Integrate PYUSD Integrate with XoomIn a significant stride towards reshaping the landscape of cross-border money transfers, PayPal's innovative approach has come to light with the integration of its stablecoin, PayPal USD ( SEED_DONKEYDAN_MARKET_CAP:PYUSD ), into its renowned cross-border money transfer service, Xoom.
The recent announcement by Xoom, PayPal's international money transfer arm, unveils a groundbreaking feature allowing American users to leverage PYUSD to fund payments across approximately 160 countries. This strategic move not only underscores PayPal's commitment to fostering mainstream adoption of cryptocurrencies but also addresses the growing demand for cost-effective and efficient cross-border payment solutions.
The introduction of PYUSD as a funding option marks a pivotal moment in the evolution of digital currencies, bridging the gap between traditional finance and the burgeoning crypto ecosystem. With PYUSD, users gain access to a stablecoin tethered to the value of the US dollar, ensuring stability and bolstering user confidence in digital transactions.
One of the key highlights of this integration is the elimination of transaction fees for transfers funded using PYUSD. This translates to tangible savings for consumers, especially in contrast to the global average cost of sending $200, which stands at over 6%, according to the World Bank's Q3 2023 report. By bypassing transaction fees, PayPal empowers users to make cross-border payments without incurring additional costs, thereby democratizing access to financial services on a global scale.
Furthermore, the seamless conversion of PYUSD into fiat currency prior to the transfer process streamlines the user experience, eliminating complexities associated with cryptocurrency conversions. Through a strategic partnership with Paxos Trust, PayPal ensures the integrity and reliability of PYUSD transactions, instilling trust among users and financial institutions alike.
Jose Fernandez da Ponte, Senior Vice President of the Blockchain, Cryptocurrency, and Digital Currency Group at PayPal, underscores the significance of this milestone, emphasizing the dual objectives of creating a stable-value asset while enhancing utility for commerce and payments. By enabling U.S. users of Xoom to utilize PYUSD as a funding source, PayPal reinforces its commitment to driving innovation in the realm of digital finance, heralding a new era of financial inclusivity and accessibility.
As the global economy continues to embrace the digital revolution, PayPal's integration of PYUSD with Xoom sets a precedent for future collaborations between traditional financial institutions and emerging blockchain technologies. This symbiotic relationship not only unlocks new avenues for financial innovation but also paves the way for a more interconnected and inclusive global financial ecosystem.
In conclusion, PayPal's integration of PYUSD with Xoom represents a monumental leap forward in the realm of cross-border payments, offering users a seamless, cost-effective, and secure means of transferring funds across borders. As the world embarks on a digital transformation journey, this partnership serves as a beacon of progress, heralding a future where borders are transcended, and financial opportunities are accessible to all.
What that peepall doIts been down trending for about 2 years or so. $65 seems to be a point of interest. If it holds above $65 and then clears up into the $70s, it could initiate an uptrend. But who knows dawg lol
$PYPL Possible Bullish pattern targeting 75$ SL 61Good risk/reward idea. Subject to RSI signal if break out then confirm bull wave targeting previous gap then fibo at 1.62% - stoploss will be at 61 which around 8% down from last closing Profit taken at 75$ will gives rewards by 16% approx . it can go higher but lets take it one by one as stock still on down trend since long time and can go lower to around 48-50 . better to strangle options with bullish view. good luck
PYPL - I don't buy itPYPL broke out of long-term channel two weeks ago, but I'm not confident it will get past $68.21 (for now). Looking for a fall-back to the $64ish area next week. The run up has had some strength, however. Will close short position if there's a close over $68.21.
GL
Buy Paypal?After a long bearish trend, paypal has had a second break out above the 200day ema which has me feeling bullish on this stock. Paypal owns several companies (see tinyurl.com for more reading ).
$PYPL - Double Top, Possible Retest of Trend Line at around $60Short term bearish Double Top with possible retest of the trend line at vertex. This pattern may form an Ascending Triangle. Short term may see some correction into a bullish Ascending Triangle Setup. Must break out over $68 with volume for consolidation breakout and break of downtrend
$PYPL: 🎯 Road to $77 🚀Hi everyone,
PayPal's stock appears bullish. Earlier this year, in January leading into February, the daily indicators tested the weekly ones but were rejected, causing a price drop. Recently, however, the daily indicators have successfully breached the weekly ones, propelling the price towards a potential monthly test. The immediate target is set at $77. A breach of this level could see the price aiming for the monthly target. The daily and weekly indicators will be closely watched for support, should there be any challenges in sustaining the upward momentum.
Good luck!
PYPL Weekly Chart Analysis: For educational purposes only, NFA PYPL Weekly Chart Analysis: For educational purposes only, NFA
Bullish case: March 28, 2024
1# Weekly EMA9/21 cross up.
2# Bullish Expanding Triangle
3# Inverted head and shoulder
